{"title":"Analyzing the Influence of BRI Foreign Direct Investment on Governance: Perspective from Southeast Asian Countries","authors":"Qian Liu, Yingying Wang, Ning Kang","doi":"10.1177/09749101231167450","DOIUrl":null,"url":null,"abstract":"Promoting international economic cooperation plays a vital role in improving global governance. International cooperation benefits participating countries economically, and positively impacts their social development and national governance. Based on the micro survey data of eight Southeast Asian countries, this article analyzes the influence mechanism of the Belt and Road outward foreign direct investment (FDI) on the governance of the host countries. The article finds that China’s outward FDI, through its positive role in the host country’s economic and social development, leads to a positive perception among people in host countries regarding China’s influence locally. On the one hand, it enhances people’s sense of identity with China’s development. On the other hand, it contributes to people’s satisfaction with their local government, thereby improving national governance. The findings of this article offer theoretical insights for promoting high-level opening-up. When participating in global governance, one must pay attention to the real sense of gain in the host countries and their people, improve the governance and promote high-quality development of regional economic cooperation.","PeriodicalId":37512,"journal":{"name":"Global Journal of Emerging Market Economies","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Journal of Emerging Market Economies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/09749101231167450","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
Promoting international economic cooperation plays a vital role in improving global governance. International cooperation benefits participating countries economically, and positively impacts their social development and national governance. Based on the micro survey data of eight Southeast Asian countries, this article analyzes the influence mechanism of the Belt and Road outward foreign direct investment (FDI) on the governance of the host countries. The article finds that China’s outward FDI, through its positive role in the host country’s economic and social development, leads to a positive perception among people in host countries regarding China’s influence locally. On the one hand, it enhances people’s sense of identity with China’s development. On the other hand, it contributes to people’s satisfaction with their local government, thereby improving national governance. The findings of this article offer theoretical insights for promoting high-level opening-up. When participating in global governance, one must pay attention to the real sense of gain in the host countries and their people, improve the governance and promote high-quality development of regional economic cooperation.
期刊介绍:
Global Journal of Emerging Market Economies is a peer-reviewed journal. The aim of the journal is to provide an international platform for knowledge sharing, discussion and networking on the various aspects related to emerging market economies through publications of original research. It aims to make available basic reference material for policy-makers, business executives and researchers interested in issues of fundamental importance to the economic prospects and performance of emerging market economies. The topics for discussion are related to the following general categories: D. Microeconomics E. Macroeconomics and Monetary Economics F. International Economics G. Financial Economics H. Public Economics I. Health, Education, and Welfare J. Labor and Demographic Economics L. Industrial Organization O. Economic Development, Innovation, Technological Change, and Growth Q. Agricultural and Natural Resource Economics • Environmental and Ecological Economics R. Urban, Rural, Regional, Real Estate, and Transportation Economics Additionally, the journal would be most interested to publish topics related to Global Financial Crisis and the Impact on Emerging Market Economies Economic Development and Inclusive Growth Climate Change and Energy Infrastructure Development and Public Private Partnerships Capital Flows to and from Emerging Market Economies Regional Cooperation Trade and Investment and Development of National and Regional Financial Markets The Belt and Road Initiative.